ECM – scammers or a decent broker?

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ECM – what we know and have as facts about it; This is a trade name of ECM Group Limited, which is licensed and authorized by the International Financial Services Commission (IFSC) in Belize under register number IBC 133128. In addition, ECM Group Limited is regulated by the VFSC under license number 14747. These licenses allow it to conduct various financial services, including receiving, transmitting, and executing customer orders.

We have found in the Terms of Business document that the company may act, according to the company’s sole discretion as principal or as agent on the client’s behalf. Therefore, the company may act as a counterparty to the clients’ trades. This means the company may act as a market maker whenever it chooses. In general, dealing with market makers involves a conflict of interest because they do not transmit every customer deal and hope that customers will lose. Every loss of customers is their profit.

So far, we have not received any complaints from customers of ECM. If you have any criticism to share with us or feel annoyed by ECM, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and ECM if you wish.

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